PEARL HOUSE, NEWLAND, LANDKEY, BARNSTAPLE, EX32 0LZ - £322,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PEARL HOUSE is a very large extended detached house of 179m², built sometime between 1930 and 1949. It was last sold for £322,500 in May 2023, which was around 26% below the average May 2023 detached price in the North Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was F, and the potential energy rating was D.

PEARL HOUSE Sold Prices

Land registry data shows four sales for PEARL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the four PEARL HOUSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 30 MAY	£322,500	£438,654	26% below HPI
2002 26 SEP	£207,500	£184,605	12% above HPI
2000 28 SEP	£170,000	£128,846	32% above HPI
1999 28 JUL	£123,500	£102,906	20% above HPI

PEARL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The four PEARL HOUSE sales between July 1999 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is PEARL HOUSE?

PEARL HOUSE is 179m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where PEARL HOUSE lies on this distribution: 89% of detached houses are smaller than PEARL HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Landkey.

PEARL HOUSE: Plot and Title Map

PEARL HOUSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of PEARL HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PEARL HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PEARL HOUSE?

PEARL HOUSE is located on NEWLAND in LANDKEY, in the EX32 postcode district. The below map shows the position of PEARL HOUSE on NEWLAND.